By Alicia Wallace, CNN BusinessThe US cannabis industry is flush with fledgling companies and many unfamiliar brands. In that mix, however, is a 154-year-old company that is a household name: Scotts Miracle-Gro. Its Hawthorne Gardening Company subsidiary has scooped up the biggest players in hydroponics, lighting and other supplies used for growing. So the company instead went the “picks and shovels” route by targeting the tools used to supply the industry. Moreover, those in the cannabis industry are facing some unique pressures, Chris Hagedorn said.

Source: CNN June 01, 2022 06:43 UTC